Platinex Inc. is pleased to announce the successful acquisition of a major claim package which contains a historical resource within the existing Central Area boundary of Platinex's 100% owned W2 Copper-Nickel-PGE Project located in the "Ring of Fire" region of Northern Ontario. The acquisition includes 19 single cell mining claims from Gungnir Resources Inc. as well, Platinex acquired 13 adjacent claims to complete the [...]
Platinex Inc. is pleased to announce that the Company has closed the final tranche of flow-through financing with an additional $452,000 to achieve a total financing of $1,972,000 . "We are pleased to have attracted enthusiastic new investors into this financing who recognize the opportunity based on our diversified holdings in two globally significant mining camps in Northern Ontario," says Greg Ferron, CEO and President [...]
Platinex Inc. is pleased to announce that the Company has closed a $1,520,000 flow through financing of which $525,000 had been previously closed . The Company anticipates closing a final tranche of the FT Offering in the next few days. The financing consists of an issuance of 17,375,000 flow through common shares at a price of C$0.04 per share . Each FT common share comprises one common share of the Company. The Company [...]
Platinex Inc. is pleased to announce the commencement of a diamond drilling program on the Heenan Property, part of the Heenan Mallard Gold Project, which is a property held through the South Timmins Mining Joint Venture with Fancamp Exploration Ltd.. The program will consist of five drill holes for a maximum total of 950 meters following up on the greenfield gold discovery announced on November 9, 2023, that was [...]
Platinex Inc. is pleased to announce that the Company has arranged a $1 million flow through financing of which $525,000 has closed . The Company issued 13,125,000 flow through common shares at a price of C$0.04 per share . The Company anticipates closing a final tranche of the Offering shortly. Each FT common share consists of one common share of the Company. The Company will use the gross proceeds of the FT Offering to [...]
Platinex Inc. is pleased to announce results from its exploration program on the Heenan Property, part of the Heenan Mallard Gold Project held through the South Timmins Mining Joint Venture with Fancamp Exploration Ltd. The Heenan Property is located in Heenan and Benton Townships in northeastern Ontario and lies within the Swayze area of the Abitibi Greenstone Belt . The Property is located on the fold nose of the Woman [...]
Platinex Inc. provides results from its South Timmins projects in Northeastern Ontario. The Shining Tree Gold Project, as well as the Heenan-Mallard Gold Projects, are held through the South Timmins Mining Joint Venture with Fancamp Exploration, with Platinex holding a 75% interest and Fancamp holding a 25% interest. For more information, please view the InvestmentPitch Media video which provides additional information [...]
Platinex Inc. is pleased to provide an update on exploration activities at the Mallard Gold and Heenan Gold projects located in northeastern Ontario which are, along with the Shining Tree Gold Project, held through the South Timmins Mining Joint Venture with Fancamp Exploration Ltd.. Exploration activity at Mallard has identified surface gold mineralization approximately 500 m southeast of the Camp and River Zones [...]
Platinex Inc. is pleased to provide an update on exploration activities at Shining Tree Gold Project . Shining Tree, as well as the Heenan-Mallard Gold Projects, is held through the South Timmins Mining Joint Venture with Fancamp Exploration Ltd.. In addition, Green Canada Corp. , a subsidiary of Platinex, confirms closing the transaction announced on October 31 to acquire a portfolio of exploration-stage uranium projects [...]
Platinex Inc. is pleased to announce the creation of Green Canada Corporation an unlisted subsidiary of Platinex. Concurrently, Platinex and GCC have entered into a binding letter of intent with International Prospect Ventures Inc. to acquire a portfolio of exploration-stage uranium projects located in top jurisdictions in Canada . Platinex has also assigned its option agreement on the Muskrat Dam Critical Minerals [...]
Platinex Inc. is pleased to provide an update on the Company's exploration activities including: Completion of an initial exploration program at the Muskrat Dam Critical Minerals Project by ALS Goldspot. As well, the Company has received an Ontario Junior Exploration Program grant towards continued exploration activity on the Muskrat Dam project. At the W2 Copper-Nickel-PGE Project, BAW Mining is completing data [...]
Platinex Inc. is pleased to announce exploration progress and plans for its South Timmins Mining Joint Venture properties. The South Timmins Mining properties include the Shining Tree, Heenan, and Mallard gold projects, all of which lie along the Ridout-Tyrrell Deformation Zone in the Abitibi Subprovince, one of the most gold enriched geologic regions in the world. IAMGOLD/Sumitomo's Côté Gold project, Aris Mining's Juby [...]